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Stadium Lighting Market by Product (LED, HID, HPS, and Induction), by Installation (New and Retrofit), by Application (Field, Outdoor, and Indoor), and by Sport (Indoor and Outdoor): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024

Published Date: 07-Jan-2019 Category: Semiconductor & Electronics Report Format : PDF Pages: 147 Report Code: ZMR-3705 Status : Published

Global stadium lighting market expected to reach USD 641 million by 2024, at a CAGR of around 7.4% between 2018 and 2024. Rising investments for developing sports infrastructure are expected to leverage the stadium lighting market over the estimated timespan.

Description

The report analyzes and forecasts the stadium lighting market on a global and regional level. The study offers past data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The assessment of stadium lighting market dynamics gives a brief insight into the drivers and restraints for the stadium lighting market along with the impact they have on the demand in the years to come. Additionally, the report also includes the study of opportunities available in the stadium lighting market on a global level.

The report gives a transparent view of the stadium lighting market. We have included a detailed competitive scenario and portfolio of leading vendors operating in the stadium lighting market. To understand the competitive landscape in the stadium lighting market, an analysis of Porter’s Five Forces model for the stadium lighting market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Stadium Lighting Market

The study provides a crucial view of the stadium lighting by segmenting the market based on product, installation, application, sport, and region. All the segments of stadium lighting market have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. By product, the global stadium lighting market is divided into LED, HID, HPS, and induction. New and retrofit comprise the installation segment of this global market. By application, this market includes field, outdoor, and indoor. Indoor and outdoor sports comprise this market’s sport segment. The regional segment comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe for stadium lighting market with its further segmentation into the U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, South Korea, India, Australia, Brazil, Argentina, Chile, GCC Countries, and South Africa.

The competitive profiling of noticeable players of stadium lighting market includes company and financial overview, business strategies adopted by them, their recent developments, and products offered by them which can help in assessing competition in the market. Some noticeable players of the stadium lighting market are Philips Lighting, Eaton, General Electric, LG Electronics, Panasonic Corporation, Musco Sports Lighting, Acuity Brands, Zumtobel Group, Cree Inc., and Hubbell Inc., among others.

This report segments the global stadium lighting market into:

Global Stadium Lighting Market: Product Analysis

  • LED
  • HID
  • HPS
  • Induction

Global Stadium Lighting Market: Installation Analysis

  • New
  • Retrofit

Global Stadium Lighting Market: Application Analysis

  • Field
  • Outdoor
  • Indoor

Global Stadium Lighting Market: Sport Analysis

  • Indoor
  • Outdoor

Global Stadium Lighting Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
      • 1.3.3. New: Primary Research
      • 1.3.4. Retrofit: Secondary Research
      • 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Stadium Lighting Market, 2015-2024,(USD Million)
    • 2.2. Stadium Lighting Market: Market Snapshot
  •  
  • Chapter 3. Global Stadium Lighting Market - Industry Analysis
    • 3.1. Introduction
    • 3.2. Industry ecosystem analysis
    • 3.3. Technology landscape
    • 3.4. Market Drivers
      • 3.4.1. North America
      • 3.4.2. Europe
      • 3.4.3. Asia Pacific
      • 3.4.4. Latin America
      • 3.4.5. MEA
    • 3.5. Restraints
    • 3.6. Opportunities
    • 3.7. Innovation & sustainability
    • 3.8. Regulatory landscape
    • 3.9. Porter's Five Forces Analysis
    • 3.10. PESTLE Analysis
    • 3.11. Stadium Lighting Market: Market Attractiveness Analysis
      • 3.11.1. Market Attractiveness Analysis by Product
      • 3.11.2. Market Attractiveness Analysis by Installation
      • 3.11.3. Market Attractiveness Analysis by Application
      • 3.11.4. Market Attractiveness Analysis by Sport
      • 3.11.5. Market Attractiveness Analysis by Region
  •  
  • Chapter 4. Global Stadium Lighting Market - Competitive Landscape
    • 4.1. Company Market Share Analysis, 2017
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions and Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4. Research and Development and Regional Expansion
  •  
  • Chapter 5. Stadium Lighting Market - Product Analysis
    • 5.1. Global Stadium Lighting Market Revenue Share, by Product, 2017 & 2024(USD Million)
    • 5.2. Global Stadium Lighting Market by LED, 2015 - 2024(USD Million)
    • 5.3. Global Stadium Lighting Market by HID, 2015 - 2024(USD Million)
    • 5.4. Global Stadium Lighting Market by HPS, 2015 - 2024 (USD Million)
    • 5.5. Global Stadium Lighting Market by Induction, 2015 - 2024 (USD Million)
  •  
  • Chapter 6. Stadium Lighting Market - Installation Analysis
    • 6.1. Global Stadium Lighting Market Revenue Share, by Installation, 2017 & 2024(USD Million)
    • 6.2. Global Stadium Lighting Market by New, 2015 - 2024(USD Million)
    • 6.3. Global Stadium Lighting Market by Retrofit, 2015 - 2024 (USD Million)
  •  
  • Chapter 7. Stadium Lighting Market - Application Analysis
    • 7.1. Global Stadium Lighting Market Revenue Share, by Application, 2017 & 2024(USD Million)
    • 7.2. Global Stadium Lighting Market by Field, 2015 - 2024(USD Million)
    • 7.3. Global Stadium Lighting Market by Outdoor, 2015 - 2024(USD Million)
    • 7.4. Global Stadium Lighting Market by Indoor, 2015 - 2024 (USD Million)
  •  
  • Chapter 8. Stadium Lighting Market - Sport Analysis
    • 8.1. Global Stadium Lighting Market Revenue Share, by Sport, 2017 & 2024 (USD Million)
    • 8.2. Global Stadium Lighting Market by Indoor, 2015 - 2024 (USD Million)
    • 8.3. Global Stadium Lighting Market by Outdoor, 2015 - 2024 (USD Million)
  •  
  • Chapter 9. Stadium Lighting Market - Regional Analysis
    • 9.1. Global Stadium Lighting Market: Regional Overview
      • 9.1.1. Global Stadium Lighting Market Revenue Share, By Region, 2017 And 2024(USD Million)
    • 9.2. North America
      • 9.2.1. North America Stadium Lighting Market Revenue 2015 - 2024 (USD Million)
      • 9.2.2. North America Stadium Lighting Market Revenue, By Product, 2015 - 2024 (USD Million)
      • 9.2.3. North America Stadium Lighting Market Revenue, By Installation, 2015 - 2024 (USD Million)
      • 9.2.4. North America Stadium Lighting Market Revenue, By Application, 2015 - 2024 (USD Million)
      • 9.2.5. North America Stadium Lighting Market Revenue, By Sport, 2015 - 2024 (USD Million)
      • 9.2.6. The U.S.
        • 9.2.6.1. The U.S. Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.2.6.2. The U.S. Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.2.6.3. The U.S. Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.2.6.4. The U.S. Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.2.7. Canada
        • 9.2.7.1. Canada Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.2.7.2. Canada Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.2.7.3. Canada Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.2.7.4. Canada Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.2.8. Mexico
        • 9.2.8.1. Mexico Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.2.8.2. Mexico Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.2.8.3. Mexico Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.2.8.4. Mexico Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
    • 9.3. Europe
      • 9.3.1. Europe Stadium Lighting Market Revenue 2015 - 2024 (USD Million)
      • 9.3.2. Europe Stadium Lighting Market Revenue, By Product, 2015 - 2024 (USD Million)
      • 9.3.3. Europe Stadium Lighting Market Revenue, By Installation, 2015 - 2024 (USD Million)
      • 9.3.4. Europe Stadium Lighting Market Revenue, By Application, 2015 - 2024 (USD Million)
      • 9.3.5. Europe Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.3.6. UK
        • 9.3.6.1. UK Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.3.6.2. UK Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.3.6.3. UK Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.3.6.4. UK Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.3.7. Germany
        • 9.3.7.1. Germany Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.3.7.2. Germany Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.3.7.3. Germany Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.3.7.4. Germany Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.3.8. France
        • 9.3.8.1. France Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.3.8.2. France Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.3.8.3. France Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.3.8.4. France Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.3.9. Italy
        • 9.3.9.1. Italy Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.3.9.2. Italy Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.3.9.3. Italy Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.3.9.4. Italy Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.3.10. Spain
        • 9.3.10.1. Spain Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.3.10.2. Spain Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.3.10.3. Spain Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.3.10.4. Spain Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.3.11. Rest of Europe
        • 9.3.11.1. Rest of Europe Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.3.11.2. Rest of Europe Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.3.11.3. Rest of Europe Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.3.11.4. Rest of Europe Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
    • 9.4. Asia Pacific
      • 9.4.1. Asia Pacific Stadium Lighting Market Revenue 2015 - 2024 (USD Million)
      • 9.4.2. Asia Pacific Stadium Lighting Market Revenue, By Product, 2015 - 2024 (USD Million)
      • 9.4.3. Asia Pacific Stadium Lighting Market Revenue, By Installation, 2015 - 2024 (USD Million)
      • 9.4.4. Asia Pacific Stadium Lighting Market Revenue, By Application, 2015 - 2024 (USD Million)
      • 9.4.5. Asia Pacific Stadium Lighting Market Revenue, By Sport, 2015 - 2024 (USD Million)
      • 9.4.6. China
        • 9.4.6.1. China Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.4.6.2. China Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.4.6.3. China Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.4.6.4. China Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.4.7. Japan
        • 9.4.7.1. Japan Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.4.7.2. Japan Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.4.7.3. Japan Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.4.7.4. Japan Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.4.8. South Korea
        • 9.4.8.1. South Korea Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.4.8.2. South Korea Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.4.8.3. South Korea Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.4.8.4. South Korea Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.4.9. India
        • 9.4.9.1. India Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.4.9.2. India Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.4.9.3. India Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.4.9.4. India Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.4.10. Australia
        • 9.4.10.1. Australia Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.4.10.2. Australia Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.4.10.3. Australia Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.4.10.4. Australia Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.4.11. Rest of Asia Pacific
        • 9.4.11.1. Rest of Asia Pacific Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.4.11.2. Rest of Asia Pacific Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.4.11.3. Rest of Asia Pacific Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.4.11.4. Rest of Asia Pacific Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
    • 9.5. Latin America
      • 9.5.1. Latin America Stadium Lighting Market Revenue 2015 - 2024 (USD Million)
      • 9.5.2. Latin America Stadium Lighting Market Revenue, By Product, 2015 - 2024 (USD Million)
      • 9.5.3. Latin America Stadium Lighting Market Revenue, By Installation, 2015 - 2024 (USD Million)
      • 9.5.4. Latin America Stadium Lighting Market Revenue, By Application, 2015 - 2024 (USD Million)
      • 9.5.5. Latin America Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.5.6. Brazil
        • 9.5.6.1. Brazil Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.5.6.2. Brazil Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.5.6.3. Brazil Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.5.6.4. Brazil Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.5.7. Argentina
        • 9.5.7.1. Argentina Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.5.7.2. Argentina Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.5.7.3. Argentina Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.5.7.4. Argentina Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.5.8. Chile
        • 9.5.8.1. Chile Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.5.8.2. Chile Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.5.8.3. Chile Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.5.8.4. Chile Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.5.9. Rest of Latin America
        • 9.5.9.1. Rest of Latin America Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.5.9.2. Rest of Latin America Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.5.9.3. Rest of Latin America Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.5.9.4. Rest of Latin America Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
    • 9.6. The Middle East and Africa
      • 9.6.1. The Middle East and Africa Stadium Lighting Market Revenue 2015 - 2024 (USD Million)
      • 9.6.2. The Middle East and Africa Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
      • 9.6.3. The Middle East and Africa Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
      • 9.6.4. The Middle East and Africa Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 9.6.5. The Middle East and Africa Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.6.6. GCC Countries
        • 9.6.6.1. GCC Countries Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.6.6.2. GCC Countries Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.6.6.3. GCC Countries Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.6.6.4. GCC Countries Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.6.7. South Africa
        • 9.6.7.1. South Africa Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.6.7.2. South Africa Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.6.7.3. South Africa Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.6.7.4. South Africa Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
      • 9.6.8. Rest of MEA
        • 9.6.8.1. Rest of MEA Stadium Lighting Market Revenue, by Product, 2015 - 2024 (USD Million)
        • 9.6.8.2. Rest of MEA Stadium Lighting Market Revenue, by Installation, 2015 - 2024 (USD Million)
        • 9.6.8.3. Rest of MEA Stadium Lighting Market Revenue, by Application, 2015 - 2024 (USD Million)
        • 9.6.8.4. Rest of MEA Stadium Lighting Market Revenue, by Sport, 2015 - 2024 (USD Million)
  •  
  • Chapter 10. Company Profiles
    • 10.1. Philips Lighting
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Product portfolio
      • 10.1.4. Business strategy
      • 10.1.5. Recent developments
    • 10.2. Eaton
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Product portfolio
      • 10.2.4. Business strategy
      • 10.2.5. Recent developments
    • 10.3. General Electric
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Product portfolio
      • 10.3.4. Business strategy
      • 10.3.5. Recent developments
    • 10.4. LG Electronics
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Product portfolio
      • 10.4.4. Business strategy
      • 10.4.5. Recent developments
    • 10.5. Panasonic Corporation
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Product portfolio
      • 10.5.4. Business strategy
      • 10.5.5. Recent developments
    • 10.6. Musco Sports Lighting
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Product portfolio
      • 10.6.4. Business strategy
      • 10.6.5. Recent developments
    • 10.7. Acuity Brands
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Product portfolio
      • 10.7.4. Business strategy
      • 10.7.5. Recent developments
    • 10.8. Zumtobel Group
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Product portfolio
      • 10.8.4. Business strategy
      • 10.8.5. Recent developments
    • 10.9. Cree Inc.
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Product portfolio
      • 10.9.4. Business strategy
      • 10.9.5. Recent developments
    • 10.10. Hubbell Inc.
      • 10.10.1. Overview
      • 10.10.2. Financials
      • 10.10.3. Product portfolio
      • 10.10.4. Business strategy
      • 10.10.5. Recent developments

Methodology

Free Analysis

Stadium lighting market is likely to witness significant growth in the near future, owing to the increased spending on stadiums, especially in the Middle East. Qatar is the major market, as it is the host for the 2022 FIFA World Cup. It is estimated that the country’s world cup stadium construction cost is between USD 8 billion to USD 10 billion. Furthermore, it is projected that the new sports stadium construction in Dubai will cost nearly USD 816 million.

The sports infrastructure construction, food and beverages, and betting markets were valued around USD 100 billion to USD 200 billion in 2014. Sports infrastructure construction is projected to rise owing to the escalating demand for sports arenas and the growing need to increase stadium capacities. Furthermore, investments made for opening retail outlets in stadiums are increasing annually. Major sponsors, such as Nike, Adidas, and Puma, have opted to open retail outlets in stadiums to increase their sales. This will increase the demand for facilities and stadium expansions, which, in turn, is likely to leverage the stadium lighting market during the estimated time span. However, the high equipment cost might constraint the stadium lighting market on a global scale in the future. Technological developments and the use of IoT in lighting solutions are likely to open new growth avenues for the players operating in the stadium lighting market.

Global Stadium Lighting Market

The stadium lighting market is fragmented on the basis of product, installation, application, and sport. By product, the global stadium lighting market is divided into LED, HID, HPS, and induction. The LED segment is anticipated to hold a notable share of the market over the estimated timeframe. New and retrofit comprise the installation segment of this global market. By application, this market includes field, outdoor, and indoor. Indoor and outdoor sports comprise this market’s sports segment. The indoor sports segment is projected to grow considerably due to rising investments in sports infrastructure for badminton, swimming, table tennis, etc.

By region, North America is expected to hold a significant share of the global stadium lighting market over the forecast timeframe. The U.S. is a major regional contributor owing to the construction of new stadiums, such as Oakland Raiders Stadium, Banc of California Stadium, LA Rams Stadium, etc. Europe is likely to witness a commendable rise in the demand for stadium lighting due to the renovation of numerous football stadiums. Football clubs, such as Real Madrid and Barcelona, have announced stadium renovations of around USD 595 million and USD 689 million, respectively.

Some noticeable players of the stadium lighting market are Philips Lighting, Eaton, General Electric, LG Electronics, Panasonic Corporation, Musco Sports Lighting, Acuity Brands, Zumtobel Group, Cree Inc., and Hubbell Inc., among others.

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